World’s Largest Companies: Revenue and Profit

The financial world is full of giants that define success. But even among these there are a few who stand out. The companies that make the most profit even with fierce competition on all sides. These are the ones we are going to have a look today- world’s largest companies when it comes to profit and revenue. All the data on this list is referenced from Fortune Global 500 and is based on numbers up to 2019.

WALMART

US-based retail company Walmart is world’s largest company when it comes to revenue. It has kept this title since 2014 with a revenue of 514,405 million USD. It also enjoyed a profit of 6,670 million USD.

SINOPEC

China based Sinopec is a state-owned company in oil and gas industry. With a revenue of 414,649 million USD and a profit of 5,845 million USD, it stands on the second position.

ROYAL DUTCH SHELL

Another oil and gas company, this time based in Netherlands and UK. Royal Dutch Shell earned a revenue of 396,556 million USD to bag the third position. It also had a profit of 23,352 million USD.

CHINA NATIONAL PETROLEUM

A state-owned enterprise from China, this oil and gas company saw a revenue of 392,976 million USD and a profit of 2,270 million USD.

STATE GRID

Chinese state-owned company in Electricity industry. 387,056 million USD in revenue and 8,174 million USD profit has granted this one the fifth place of the world’s largest companies’ list.

SAUDI ARAMCO

Oil and Gas Company from Saudi Arabia and another state-owned one. Aramco earned a revenue of 355,905 million USD and a profit of 110,974 million USD. On profit alone, it tops the list of world’s largest companies but since we are focusing on revenue more, it places sixth overall.

BP

UK based oil and Gas Company that achieved a revenue of 303,738 million USD. It also saw a profit of 9,383 million USD.

EXXONMOBIL

ExxonMobil is an American company in oil and gas sector. Its revenue added up to 290,212 million USD with a profit of 20,840 million USD.

So these are the top 8 companies based on Revenue alone. Most of them belong to oil and gas industry and half are state-owned. If you are wondering the companies in the positions after these do show a bit more variety including Automotive, Healthcare, Construction and telecommunications sector.